Gratitude Thursday, page-58

Yeah thanks, but since that post - European markets have turned decreasingly bearish and US markets have rallied - however I think these moves maybe just DCB's and dead cat rallies(?) that will probably head back down over the next few weeks, maybe month. Weekly momentum is still bearish on European markets, however fading.

I'm kind of gathering the opinion that the XJO could be a leading indicator for downside moves on global markets, therefore, the rest of the world needs to play catch-up while we continue to lead the way to the downside. Perhaps Canada too, however, the TSX has been forming its own DCB as of late as well. This index needs to fall away over the next couple weeks - with European markets shortly thereafter to confirm my bearish global markets stance. DYOR.